Civic Intelligence

Ctsnet Inc

990 • Fiscal year 2019 • EIN 36-4290294

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 06, 2020

Organization ProfileWWW.CTSNET.ORG

View Organization Page

633 N Saint Clair Street No 2100Chicago, IL 60611

(312) 202-5848

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

24th percentile

0.03x

Higher debt load relative to assets than 24% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

34th percentile

0.08x

Higher debt load relative to revenue than 34% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Net Margin

97th percentile

45%

Higher net margin than 97% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

24th percentile

$0

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Asset Growth

89th percentile

29%

Faster asset growth than 89% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

84th percentile

19%

Faster revenue growth than 84% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets24th percentile

Assets

Up

$3,186,266

Up $708,204 (+29%) from 2018

Net Assets

Up

$3,103,552

Up $666,490 (+27%) from 2018

Liabilities

Up

$82,714

Up $41,714 (+102%) from 2018

Revenue And Expenses
Liabilities / Revenue34th percentileNet Margin97th percentile

Revenue

Up

$1,069,664

Up $169,299 (+19%) from 2018

Expenses

Down

$589,062

Down $5,617 (-0.9%) from 2018

Net Income

Up

$480,602

Up $174,916 (+57%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2012: $321,682Liabilities 2012: $261,758Net Assets 2012: $59,9242012Assets 2013: $350,392Liabilities 2013: $40,348Net Assets 2013: $310,0442013Assets 2014: $778,532Liabilities 2014: $60,592Net Assets 2014: $717,9402014Assets 2015: $1,299,280Liabilities 2015: $92,873Net Assets 2015: $1,206,4072015Assets 2016: $1,845,821Liabilities 2016: $114,049Net Assets 2016: $1,731,7722016Assets 2017: $2,412,767Liabilities 2017: $121,093Net Assets 2017: $2,291,6742017Assets 2018: $2,478,062Liabilities 2018: $41,000Net Assets 2018: $2,437,0622018Assets 2019: $3,186,266Liabilities 2019: $82,714Net Assets 2019: $3,103,5522019Assets 2020: $3,670,453Liabilities 2020: $81,084Net Assets 2020: $3,589,3692020Assets 2021: $4,452,471Liabilities 2021: $167,432Net Assets 2021: $4,285,0392021Assets 2022: $4,307,787Liabilities 2022: $109,259Net Assets 2022: $4,198,5282022Assets 2023: $4,830,045Liabilities 2023: $135,523Net Assets 2023: $4,694,5222023Assets 2024: $5,005,779Liabilities 2024: $84,425Net Assets 2024: $4,921,3542024

Highlighted filing

2019

Assets$3,186,266
Liabilities$82,714
Net Assets$3,103,552
Open 2019 Filing

Operations Trend

Revenue Growth84th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2012: $576,6692012Revenue 2013: $871,026Expenses 2013: $620,906Net Income 2013: $250,1202013Revenue 2014: $800,192Expenses 2014: $392,296Net Income 2014: $407,8962014Revenue 2015: $938,624Expenses 2015: $439,177Net Income 2015: $499,4472015Revenue 2016: $902,816Expenses 2016: $399,841Net Income 2016: $502,9752016Revenue 2017: $1,007,001Expenses 2017: $515,739Net Income 2017: $491,2622017Revenue 2018: $900,365Expenses 2018: $594,679Net Income 2018: $305,6862018Revenue 2019: $1,069,664Expenses 2019: $589,062Net Income 2019: $480,6022019Revenue 2020: $879,380Expenses 2020: $566,810Net Income 2020: $312,5702020Revenue 2021: $1,184,407Expenses 2021: $464,823Net Income 2021: $719,5842021Revenue 2022: $912,801Expenses 2022: $549,975Net Income 2022: $362,8262022Revenue 2023: $895,160Expenses 2023: $749,850Net Income 2023: $145,3102023Revenue 2024: $863,236Expenses 2024: $911,860Net Income 2024: -$48,6242024

Highlighted filing

2019

Revenue$1,069,664
Expenses$589,062
Net Income$480,602
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 6, 2020
Return Version
2019v5.1
Gross Receipts
$1,890,231
Mission and Program Overview

Mission

To connect the global cardiothoracic community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,437,062$3,103,552▲ $666,490
Investments in Publicly Traded Securities$1,556,443$2,236,143▲ $679,700
Cash and Non-Interest-Bearing Accounts$733,109$654,097▼ $79,012
Accounts Receivable$100,194$190,454▲ $90,260
Land, Buildings, and Equipment, Net$77,716$96,242▲ $18,526
Prepaid Expenses and Deferred Charges$10,600$9,330▼ $1,270
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,478,062$3,186,266▲ $708,204
Liabilities
Deferred Revenue$39,988$74,355▲ $34,367
Accounts Payable and Accrued Expenses$1,012$8,359▲ $7,347
Total Liabilities$41,000$82,714▲ $41,714
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,437,062$3,103,552▲ $666,490
Total Liabilities and Net Assets / Fund Balance$2,478,062$3,186,266▲ $708,204

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$96,242$185,092$281,334
Compensation and Service Providers
Top Officer Pay24th percentile

Board Members and Trustees

NameTitle
Douglas E Wood MdPresident
Basel Ramlawi MdDirector
David T Cooke MdDirector
J Rafael Sadaba MdDirector
Joseph F Sabik Iii MdDirector
Moritz C Wyler Von Ballmoos MdDirector
Pavan Atluri MdDirector
W Randolph Chitwood Jr MdDirector
Grahame RushExecutive Director
Duke E Cameron MdSecretary
Domenico Pagano MdTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
The Society Of Thoracic SurgeonsManagement633 N SAINT CLAIR ST FLOOR 21, Chicago, IL 60611$385,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$963,424
Investment Income
$106,040
Other Revenue
$200
Change in Net Assets
$480,602
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$589,062
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$385,000
Information Technology---$52,842
Fees for Services Other---$28,516
Depreciation Depletion---$25,275
Office Expenses---$19,572
Travel---$13,528
Fees for Service Investment Mgmnt Fees---$12,228
Conferences and Meetings---$7,276
Insurance---$4,350
Fees for Services Accounting---$2,100
Advertising---$1,879
Fees for Services Legal---$1,450
Other Expenses---$166
Total Functional Expenses$0$0$0$589,062
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Ctsnet is managed by the society of thoracic surgeons (sts). Ctsnet maintains its offices at sts's headquarters at 633 n. Saint clair street, ste 2100, chicago, il 60611. Ctsnet and sts have a contract that defines the responsibilities of the management firm. A management fee is negotiated that covers the cost of the ctsnet executive director, support staff, office equipment and office space.”

Form 990, Part VI, Section A, Line 6

“Ctsnet is comprised of it's three founding members: society of thoracic surgeons (sts), american association for thoracic surgery (aats), and european association for cardio-thoracic surgery (eacts). In addition, ctsnet has participation agreements in place with over 20 cardiothoracic surgery professional organizations.”

Form 990, Part VI, Section A, Line 7A

“The board of directors is comprised of ten directors which are appointed by the members, four by sts and three each by aats and eacts. Each director shall be appointed for a two year term and until his or her successor has been appointed and qualified. The officers (president, secretary and treasurer) are elected by and from the board of directors. One representative from each member will serve the offices of president, secretary and treasurer at all times, except during periods of any unfilled vacancies.”

Form 990, Part VI, Section A, Line 7B

“The governing body is entirely made up of representatives from each of the three members.”

Form 990, Part VI, Section B, Line 11B

“An electronic copy of form 990 is provided to the board of directors via email.”

Form 990, Part VI, Section C, Line 19

“The financial statements are put on organization's website. The organization's governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Ctsnet Inc
EIN
36-4290294
Phone
3122025848
Address
633 N SAINT CLAIR STREET NO 2100, CHICAGO, IL 60611

Signing Officer

Name
Joseph Sabik Md
Title
Treasurer
Phone
3122025848
Signed
2020-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Grahame Rush
Formed
1999
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
30

Preparer

Firm
Kahn Berman Solomon Taibel & Mogol Pa
Address
9515 DEERECO ROAD SUITE 801, TIMONIUM, MD 21093-2108
Preparer
Deanna Amos
Phone
4103080300
Raw XML Appendix384 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01012
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt08359
IRS990/AccountsReceivableGrp/BOYAmt0100194
IRS990/AccountsReceivableGrp/EOYAmt0190454
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO CONNECT THE GLOBAL CARDIOTHORACIC COMMUNITY.
IRS990/AdvertisingGrp/TotalAmt01879
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0COREY BURBRIDGE
IRS990/BooksInCareOfDetail/PhoneNum03122025837
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0633 N SAINT CLAIR STREET STE 2100
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060611
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0733109
IRS990/CashNonInterestBearingGrp/EOYAmt0654097
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt07276
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0385000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0633 N SAINT CLAIR ST FLOOR 21
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd060611
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0THE SOCIETY OF THORACIC SURGEONS
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0106040
IRS990/CYOtherExpensesAmt0589062
IRS990/CYOtherRevenueAmt0200
IRS990/CYProgramServiceRevenueAmt0963424
IRS990/CYRevenuesLessExpensesAmt0480602
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0589062
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01069664
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt039988
IRS990/DeferredRevenueGrp/EOYAmt074355
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/TotalAmt025275
IRS990/Desc0PROVIDES VALUABLE EDUCATIONAL AND PROFESSIONAL WEB-BASED RESOURCES FOR A COMMUNITY OF OVER 45,000 CARDIOTHORACIC SURGEONS AND ALLIED HEALTH PROFESSIONALS INVOLVED IN THE CARDIOTHORACIC SURGERY SPECIALTY.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt02100
IRS990/FeesForServicesLegalGrp/TotalAmt01450
IRS990/FeesForServicesManagementGrp/TotalAmt0385000
IRS990/FeesForServicesOtherGrp/TotalAmt028516
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt012228
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt109.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0DOUGLAS E WOOD MD
IRS990/Form990PartVIISectionAGrp/PersonNm1DUKE E CAMERON MD
IRS990/Form990PartVIISectionAGrp/PersonNm2DOMENICO PAGANO MD
IRS990/Form990PartVIISectionAGrp/PersonNm3PAVAN ATLURI MD
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID T COOKE MD
IRS990/Form990PartVIISectionAGrp/PersonNm5JOSEPH F SABIK III MD
IRS990/Form990PartVIISectionAGrp/PersonNm6J RAFAEL SADABA MD
IRS990/Form990PartVIISectionAGrp/PersonNm7MORITZ C WYLER VON BALLMOOS MD
IRS990/Form990PartVIISectionAGrp/PersonNm8W RANDOLPH CHITWOOD JR MD
IRS990/Form990PartVIISectionAGrp/PersonNm9BASEL RAMLAWI MD
IRS990/Form990PartVIISectionAGrp/PersonNm10GRAHAME RUSH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt032828
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0853395
IRS990/GrossReceiptsAmt01890231
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt052842
IRS990/InsuranceGrp/TotalAmt04350
IRS990/InvestmentIncomeGrp/ExclusionAmt073212
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt073212
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01556443
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02236143
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0185092
IRS990/LandBldgEquipBasisNetGrp/BOYAmt077716
IRS990/LandBldgEquipBasisNetGrp/EOYAmt096242
IRS990/LandBldgEquipCostOrOtherBssAmt0281334
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0820567
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO CONNECT THE GLOBAL CARDIOTHORACIC COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02437062
IRS990/NetAssetsOrFundBalancesEOYAmt03103552
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt032828
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt032828
IRS990/NetUnrelatedBusTxblIncmAmt0133088
IRS990/NetUnrlzdGainsLossesInvstAmt0185888
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt019572
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0UNRELATED BUSINESS INCO
IRS990/OtherExpensesGrp/Desc1CAREER FAIR EXPENSES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/TotalAmt026707
IRS990/OtherExpensesGrp/TotalAmt18173
IRS990/OtherExpensesGrp/TotalAmt2166
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0200
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0200
IRS990/OtherRevenueTotalAmt0200
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010600
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09330
IRS990/PrincipalOfficerNm0GRAHAME RUSH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0WEB RESOURCES
IRS990/ProgramServiceRevenueGrp/Desc1ADVERTISING
IRS990/ProgramServiceRevenueGrp/Desc2INDUSTRY SUPPORT
IRS990/ProgramServiceRevenueGrp/Desc3ORGANIZATION SUPPORT
IRS990/ProgramServiceRevenueGrp/Desc4EDUCATION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0379895
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt120525
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2155633
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3118129
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt477846
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0379895
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1215426
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2155633
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3118129
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt477846
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0194901
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDES MEETING PRESENTATION AND EVENT-POSTING SERVICES FOR OVER 20 CARDIOTHORACIC SURGERY PROFESSIONAL ORGANIZATIONS. WEBSITE INCLUDES SECTIONS ON EXPERT TECHNIQUES, SURGICAL VIDEOS, SURGEON PROFILES, MEDICAL JOURNALS, RESIDENT-FOCUSED CONTENT, AND SPECIALTY-RELATED EVENTS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt064426
IRS990/PYOtherExpensesAmt0594679
IRS990/PYOtherRevenueAmt0300
IRS990/PYProgramServiceRevenueAmt0835639
IRS990/PYRevenuesLessExpensesAmt0305686
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0594679
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0900365
IRS990/ReconcilationRevenueExpnssAmt0480602
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02437062
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03103552
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt096242
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0185092
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0281334
IRS990ScheduleD/TotalBookValueLandBuildingsAmt096242
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CTSNET IS MANAGED BY THE SOCIETY OF THORACIC SURGEONS (STS). CTSNET MAINTAINS ITS OFFICES AT STS'S HEADQUARTERS AT 633 N. SAINT CLAIR STREET, STE 2100, CHICAGO, IL 60611. CTSNET AND STS HAVE A CONTRACT THAT DEFINES THE RESPONSIBILITIES OF THE MANAGEMENT FIRM. A MANAGEMENT FEE IS NEGOTIATED THAT COVERS THE COST OF THE CTSNET EXECUTIVE DIRECTOR, SUPPORT STAFF, OFFICE EQUIPMENT AND OFFICE SPACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CTSNET IS COMPRISED OF IT'S THREE FOUNDING MEMBERS: SOCIETY OF THORACIC SURGEONS (STS), AMERICAN ASSOCIATION FOR THORACIC SURGERY (AATS), AND EUROPEAN ASSOCIATION FOR CARDIO-THORACIC SURGERY (EACTS). IN ADDITION, CTSNET HAS PARTICIPATION AGREEMENTS IN PLACE WITH OVER 20 CARDIOTHORACIC SURGERY PROFESSIONAL ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS IS COMPRISED OF TEN DIRECTORS WHICH ARE APPOINTED BY THE MEMBERS, FOUR BY STS AND THREE EACH BY AATS AND EACTS. EACH DIRECTOR SHALL BE APPOINTED FOR A TWO YEAR TERM AND UNTIL HIS OR HER SUCCESSOR HAS BEEN APPOINTED AND QUALIFIED. THE OFFICERS (PRESIDENT, SECRETARY AND TREASURER) ARE ELECTED BY AND FROM THE BOARD OF DIRECTORS. ONE REPRESENTATIVE FROM EACH MEMBER WILL SERVE THE OFFICES OF PRESIDENT, SECRETARY AND TREASURER AT ALL TIMES, EXCEPT DURING PERIODS OF ANY UNFILLED VACANCIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BODY IS ENTIRELY MADE UP OF REPRESENTATIVES FROM EACH OF THE THREE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AN ELECTRONIC COPY OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS VIA EMAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FINANCIAL STATEMENTS ARE PUT ON ORGANIZATION'S WEBSITE. THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02478062
IRS990/TotalAssetsEOYAmt03186266
IRS990/TotalAssetsGrp/BOYAmt02478062
IRS990/TotalAssetsGrp/EOYAmt03186266
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0589062
IRS990/TotalGrossUBIAmt0194901
IRS990/TotalLiabilitiesBOYAmt041000
IRS990/TotalLiabilitiesEOYAmt082714
IRS990/TotalLiabilitiesGrp/BOYAmt041000
IRS990/TotalLiabilitiesGrp/EOYAmt082714
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02437062
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03103552
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt016495
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt016495
IRS990/TotalProgramServiceRevenueAmt0963424
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0106240
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0768523
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01069664
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0194901
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02478062
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03186266
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt013528
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0633 N SAINT CLAIR STREET NO 2100
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060611
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.CTSNET.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-01-07 14:23:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH SABIK MD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03122025848
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CTSNET INC
ReturnHeader/Filer/BusinessNameControlTxt0CTSN
ReturnHeader/Filer/EIN0364290294
ReturnHeader/Filer/PhoneNum03122025848
ReturnHeader/Filer/USAddress/AddressLine1Txt0633 N SAINT CLAIR STREET NO 2100
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060611
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F9CCC6AC549F93C142799EBBD5CE1C48856F5039
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.244.132.132
ReturnHeader/FilingSecurityInformation/IPDt02020-11-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm010:35:54
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521365413
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KAHN BERMAN SOLOMON TAIBEL & MOGOL PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09515 DEERECO ROAD SUITE 801
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TIMONIUM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0210932108
ReturnHeader/PreparerPersonGrp/PhoneNum04103080300
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEANNA AMOS
ReturnHeader/ReturnTs02020-11-14T10:19:58-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,186,266
Liabilities
$82,714
Net assets
$3,103,552
Revenue
$1,069,664
Expenses
$589,062
Net income
$480,602
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.01$0.08$4.92$0.86$0.91$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.83$0.14$4.69$0.90$0.75$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.31$0.11$4.20$0.91$0.55$0.36
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.45$0.17$4.29$1.18$0.46$0.72
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.67$0.08$3.59$0.88$0.57$0.31
2019Detailed filing. Detailed filing data is available for this year.$3.19$0.08$3.10$1.07$0.59$0.48
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.48$0.04$2.44$0.90$0.59$0.31
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.41$0.12$2.29$1.01$0.52$0.49
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.11$1.73$0.90$0.40$0.50
2015Detailed filing. Detailed filing data is available for this year.$1.30$0.09$1.21$0.94$0.44$0.50
2014Detailed filing. Detailed filing data is available for this year.$0.78$0.06$0.72$0.80$0.39$0.41
2013Detailed filing. Detailed filing data is available for this year.$0.35$0.04$0.31$0.87$0.62$0.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.26$0.06$0.58
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)6 • $1M-$5M nonprofits